Business and Financial Services
How Much Can a Franchisee Expect to Earn – New Disclosure Guidelines for Franchisors
Almost everyone considering purchasing a franchise business wants to know how much he or she can expect to earn. Federal and state franchise laws and regulations restrict the type and extent of financial performance representations franchisors can make to prospective franchisees. The restrictions are intended to protect prospective franchisees from pie in the sky promises by the franchisor. The tension between what a franchisor can tell prospective franchisees about how much they can expect to…
November 21, 2017